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Wyeth division buys Thiakis 

Wyeth Pharmaceuticals, a division of Wyeth, has acquired private equity-backed Thiakis, a privately held biotechnology company based in the UK, for an initial payment of $30 million (£20 million).

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DHL delivers Romanian deal 

DHL has acquired Romanian rival Cargus in a deal that is understood to be the largest transaction in the domestic courier market.

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TUI Travel picks up sporty number 

TUI Travel, the group behind First Choice and Thompson, has acquired specialist sports travel company Teamlink Travel from founders George and Daniel Cooper and Mark Gardener for an undisclosed sum. Gardner will remain with the company as managing director.

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SABMiller sells bottling operations

SABMiller Plc has announced that subsidiaries of its Colombian concern Bavaria SA have completed the sale of Bebidas y Aguas Gaseosa Occidente SRL, its Pepsi bottling operations in Bolivia, for up to US$27 million.

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Nationwide cashes in on Dunfermline

Nationwide Building Society has snapped up the head office, branches, savings accounts and the majority of the residential mortgage book of collapsed Dunfermline, Scotland’s largest building society. 

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High Court approval for Kerry deal

Food giant Kerry Group is free to press on with the acquisition of Breeo Foods, a subsidiary of Ireland-based Reox Holdings Plc, almost a year after an appeal against a decision by the Competition Authority of Ireland to block the proposed deal. 

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RLtec gets further investment

Low carbon venture investor Low Carbon Accelerator (LCA) has made a further equity investment of £300,000 in London-based clean technology company ResponsiveLoad - which trades as RLtec.

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Financial services set for more losses

The UK financial services sector has slashed jobs as income and business levels have fallen sharply and is set to make more cuts, says the Confederation of British Industry (CBI).

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RLtec gets further investment

Low carbon venture investor Low Carbon Accelerator (LCA) has made a further equity investment of £300,000 in London-based clean technology company ResponsiveLoad - which trades as RLtec.

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Financial services set for more losses

The UK financial services sector has slashed jobs as income and business levels have fallen sharply and is set to make more cuts, says the Confederation of British Industry (CBI).

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US billionaire ups Arsenal stake

US billionaire Stan Kroenke has increased his interest in football group Arsenal Holdings to 20.5 per cent.

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PBN savours Wineworld deal

Northern Ireland property and trading group PBN and drinks industry veteran Jim O’Neill have acquired ailing off licence and pub group Wineworld. 

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DPS Software gains Access

DPS Software, an Enfield-based legal software company, has acquired Sandbach-based rival Access Legal Systems for an undisclosed sum. The combined entity will now trade as DPS-Access. 

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Skykon blows into Scotland

Skykon, which provides support for wind technology producers, has taken over a wind tower plant in Campbeltown, Scotland, from Vestas Wind Systems, a Danish manufacturer of wind turbines.

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